Express

Listed Company CIMG Raises $55 Million through Rights Issue and Plans to Purchase 500 Bitcoins

Summary: According to reports, NASDAQ-listed digital health company CIMG Inc. has announced that it has signed a final securities purchase agreement to issue 220 million shares of common stock to nine non-U.S. investors, raising $55 million and planning to purchase 500 Bitcoins. The average purchase price for each Bitcoin is expected to be $110,000, and the ...

According to reports, NASDAQ-listed digital health company CIMG Inc. has announced that it has signed a final securities purchase agreement to issue 220 million shares of common stock to nine non-U.S. investors, raising $55 million and planning to purchase 500 Bitcoins. The average purchase price for each Bitcoin is expected to be $110,000, and the transaction is set to be completed in early September.

Last Update:

Tags:
Link: Listed Company CIMG Raises $55 Million through Rights Issue and Plans to Purchase 500 Bitcoins   [Copy]
  • Vishwa Advances Agentic Infrastructure Research Through Contribution to Emerging Framew... 7 days ago
  • BitMart US Launches Operations with 49-State Licensing and Zero-Fee Program 11 days ago
  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift October 30, 2025
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING October 29, 2025
  • Gold’s $2.1 Trillion Plunge: Where Is The Smart Money Flowing Next? October 22, 2025
  • You need to login to comment.